""First it has abandoned the intent of the carbon tax, which as the Government appears to have forgotten, is an 80 per cent reduction in Australian emissions by 2050."
How has it abandoned it? It MAY have made it a bit cheaper for companies to reduce their ETS liability, but it does not change the emissions one single bit. Not one iota. Zip zilch nada nought.
And the current $10 price does not include the demand from Australia yet. My bet is that it will be over $15 in 3 years time. Price is just based on supply v demand and we just increased demand. Time will tell.
"So yeldub is Alan Moran accurate when he says this about the latest idiotic development in the Carbon Tax?:"
Not sure that person knows what they are talking about loric. Quite obvious in fact.
Be very careful who you get your information from.
